855.375.4001
Listed by Adam Peterson - CB Richard Ellis, Inc.
$3,095,000 affordable loan icon Calculate Payment

10961 Figueroa Street Los Angeles, CA 90061

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Cluster Residence
18 Beds
15 Baths
... Bed/Bath
7,591 Sq. Ft.

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Last updated on 10/5/2024 12:52 PM
6.74% CAP 15-unit on South Fig with upside! Assumable loan available at 3.500% fixed through June, 2026. 7,591 SF property consists of eight one bedroom/one bathroom units, three two bedroom/one bathroom units, and four studios. With immediate accessibility from the 110 and105 Freeways, 10961-10965 ...S Figueroa St. is very walkable from schools, retail shops, and restaurants. 45% upside in current rents leaves plenty potential for future ownership. Thirteen units have been turned over since acquisition, with renovations done including: Exterior paint, exterior lights, parking striping, rear stairwell redone, and a new surveillance system installed. This property also includes attached garages with the potential to add 2 ADUs (buyer to investigate). Ample parking is available with ten surface spaces. This property is under a 30 minute drive from University of Southern California and LAX, and just 5 minutes from Cal State Dominguez Hills. 3.5 miles to the southwest of 10961-10965 S. Figueroa St. is Torrance Airport and SpaceX Headquarters, located in the Los Angeles suburb of Hawthorne, California. The neighborhood's economic growth, new developments, rich diversity, and cultural vibrancy have made it a popular destination for residents, businesses, and visitors alike. Continue reading
MLS#
23328555
Property Type
Cluster
Bedrooms
18
Bathrooms
Year Built
1948
Square Feet
7,591 sq. ft
Lot Size
0.29

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Listed by Adam Peterson - CB Richard Ellis, Inc.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 10/5/2024 12:52 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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